Weekly chart. It is bearish.
Attached Image (click to enlarge)
- #77,162
- Feb 7, 2019 6:20pm Feb 7, 2019 6:20pm
- Joined Jun 2018 | Status: Trader | 1,035 Posts
So this is what I had in mind last weekend. (for me nothing is carved in stone....even though I expected this pattern to play out...I made daily decisions based on how structure was unfolding)
So the pattern played out and.... didn't play out yet. (we got a reaction true but structure didn't push me to buy at that level or even below and nothing today pushed me to expect the big green impulse). So kept my shorts.
Per my calculation we need to go much lower, possibly double bottom then 50 pip retrace for more downside.
Having said that, tomorrow by frankie and london I will aggressively take buy set ups as they come...just because it is a decisive day of the week and as Ata explained ...the week aint done till friday 5pm EST and if the Boss wants to pull one if his volte faces, I am gonna be right there hanging on to his Superman cape
Will put buys to BE as soon as possible and if they die they die, at least I would catch the green impulse if it materializes.
So the pattern played out and.... didn't play out yet. (we got a reaction true but structure didn't push me to buy at that level or even below and nothing today pushed me to expect the big green impulse). So kept my shorts.
Per my calculation we need to go much lower, possibly double bottom then 50 pip retrace for more downside.
Having said that, tomorrow by frankie and london I will aggressively take buy set ups as they come...just because it is a decisive day of the week and as Ata explained ...the week aint done till friday 5pm EST and if the Boss wants to pull one if his volte faces, I am gonna be right there hanging on to his Superman cape
Will put buys to BE as soon as possible and if they die they die, at least I would catch the green impulse if it materializes.
- #77,163
- Edited 6:49pm Feb 7, 2019 6:38pm | Edited 6:49pm
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,070 Posts
So this is what I had in mind last weekend. (for me nothing is carved in stone....even though I expected this pattern to play out...I made daily decisions based on how structure was unfolding) {image} So the pattern played out and.... didn't play out yet. (we got a reaction true but structure didn't push me to buy at that level or even below and nothing today pushed me to expect the big green impulse). So kept my shorts. Per my calculation we need to go much lower, possibly double bottom then 50 pip retrace for more downside. Having said that, tomorrow...
hope all well and green bud ,,cheers,, nice chart btw
- #77,164
- Feb 7, 2019 6:38pm Feb 7, 2019 6:38pm
- Joined May 2012 | Status: Thank you Graeme | 1,449 Posts
Dangdut is a music of my country
- #77,165
- Edited 8:26pm Feb 7, 2019 7:47pm | Edited 8:26pm
- Joined Mar 2017 | Status: Impeccable | 2,829 Posts
EU 
Self discipline It is a practice
- #77,166
- Feb 7, 2019 7:54pm Feb 7, 2019 7:54pm
- Joined Sep 2013 | Status: Trader | 1,646 Posts
Don't believe me just watch!
- #77,167
- Feb 7, 2019 8:15pm Feb 7, 2019 8:15pm
- Joined Jun 2018 | Status: Trader | 1,035 Posts
{quote} Huh ,, structure ,,, yea Ill help ya build a shed ,,,what ,,, but how you gonna keep a boat in it on dry land
Diggz! I am rowing, swimming, surfing, hydroplaning sometimes lol lol!!
Good to hear from you..grace us with a chart a two every now and then. i check the other thread and you guys are rocking it.....students are getting the hang of it...diggz keeping on doing good deeds
Hope all is good and not too bored this winter. Btw you guys up there... can you quit sending us cold drafts please?? we floridians love our tees and flipflops...we hate light jackets!
- #77,168
- Feb 7, 2019 9:54pm Feb 7, 2019 9:54pm
- Joined Jan 2010 | Status: The Voodoo Boodoo Club | 42,070 Posts
{quote} Diggz! I am rowing, swimming, surfing, hydroplaning sometimes lol lol!!
let euro burn down 
- #77,170
- Feb 7, 2019 11:48pm Feb 7, 2019 11:48pm
- Joined Sep 2017 | Status: Trader | 11,342 Posts | Online Now
- #77,171
- Feb 8, 2019 12:00am Feb 8, 2019 12:00am
- Joined Sep 2016 | Status: TMT Scalping... | 2,408 Posts
TMT Scalping System (Best system on FF)
- #77,174
- Edited 2:16am Feb 8, 2019 1:59am | Edited 2:16am
- Joined Jun 2018 | Status: Trader | 1,035 Posts
{quote} Still in my three short positions. Price decided that it was going to retest the higher structure zone. The price action then formed a Bearish Gartley Pattern. So, my analysis is still valid.{image}
The " B " must be @ "0.618 " & The "D " must be @ "0.786" .
Patterns have an underlying mathematical structure.
- #77,177
- Feb 8, 2019 2:35am Feb 8, 2019 2:35am
- Joined Dec 2017 | Status: Trader | 30,688 Posts
yes yes yes
- #77,179
- Feb 8, 2019 2:37am Feb 8, 2019 2:37am
- | Commercial User | Joined Oct 2018 | 1,031 Posts
15M {image}
Waiting for the same
Its all about Timing!!!
